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January 8, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Chantilly, Virginia

Reported by Glenda Cherry, ABR, e-PRO, SRES, RE

Updated December 15, 2008.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

As of December 3, 2008, there are 191 active residential listings in Chantilly and the average number of days on market is 110. The list prices range from $101,000 to $1,975,000; the average list price is $489,515 and the median is $430,000. The current market absorption rate is 6.82.

28 residential sales in Chantilly closed during the month of November 2008 (down from 41 in October). These sales ranged in price from $132,400 to $788,537.

The average list price was $400,535 (down from $401,137 in October) and the average net sales price (less seller concessions) was $389,143 (up slightly from $389,132 in October).

The median list price was $349,495 (up from $325,000 in October) and the median net sales price was $352,000 (up from $321,000 in October).

For sales closed in November, the number of days on market ranged from 0 to 247 and average number days on market was 85 (down from 86 in October).

Check my web site for graphs depicting historical home sale data and a list of recent home sales in Chantilly. Click on "About Chantilly".

For more information regarding these statistics, please feel free to contact me directly, either by phone or email.

Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!

(Source: Metropolitan Regional Information Systems, Inc. (MRIS) 2008 - Information deemed reliable, but not guaranteed.)


ZIP Codes: 20151, 20152

Location Characteristics: Located 24 miles west of Washington, DC, Chantilly straddles the western part of Fairfax County and the southeastern corner of Loudoun County; the Loudoun County portion of Chantilly may be better known as South Riding, a large planned unit development incorporating condominiums, townhouses and detached homes. Chantilly is home to the Steven F. Udvar-Hazy Center, annex of the National Air & Space Museum, and the National Reconnaissance Office, which designs, builds and operates the reconnaissance satellites of the U.S. Government. Chantilly offers a variety of housing options including apartment communities, condos, townhouses and single family homes.

For More Information:

View Market Conditions of other areas served by Glenda Cherry

Navigate: Top > Virginia > Chantilly

About Glenda Cherry:
Full-time, licensed Real Estate Agent
National Sales Award (Top 5% Nationwide)
Accredited Buyer Representative (ABR)
e-PRO Internet Professional (e-PRO)
Seniors Real Estate Specialist (SRES)
Weichert, Realtors Relocation Specialist
Weichert, Realtors Rental Certification
Certification of Completion—Relocation 101—Assisting Consumers with Corporate-Sponsored Moves (Worldwide ERC Training Institute)
Member, National Association of Realtors, Virginia Association of Realtors, Northern Virginia Association of Realtors
Over 20 years of management and technology experience.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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